Bullboard - Stock Discussion Forum WELL Health Technologies Corp T.WELL

Alternate Symbol(s): WHTCF | T.WELL.DB

Healthcare

WELL Health Technologies Corp. is a practitioner-focused digital healthcare company. The Company develops technologies, services, and support available, which ensures healthcare providers are empowered to positively impact patient outcomes. Its business units include Canadian Patient Services, WELL Health USA Patient Services and SaaS and Technology Services. WELL Health USA Patient and... see more

Add To Watchlist

TSX:WELL - Post Discussion

WELL Health Technologies Corp > Sector Weakness

View:

Post by HotDiggityDogg on Oct 27, 2021 10:32am

Sector Weakness

Typically when a sector gets this week, it triggers Mergers and takeovers.

176

Comment

Comment by HotDiggityDogg on Oct 27, 2021 10:59am

Weak...

Comment

Comment by monty613 on Oct 27, 2021 11:12am

WELL will be sold or will merge with someone big - there is no doubt in my mind. the insider ownership is too high to ignore such a possibility. WELL also has a few key early stage investors, including Li Ka Shing. if you tally up the ownership, these guys and management control the company. Hamed is also a high tech guy who built and sold his last company. WELL is also structured in silos so it ...more

104

Comment

Comment by HotDiggityDogg on Oct 27, 2021 12:15pm

I agree with you. I wonder however if WELL's weakness which is more sector related rather than company specific... could make WELL a target for an aggressive takeover at unfavourable terms. I'm not sure how the shareholder and voting structure is and if Hamed and Li Ka Shing can fight off an aggressive take over bid... retail is probably quite unhappy with the YTD performance (-18%) and ...more

103

Comment

Comment by brandinvestor on Oct 27, 2021 12:25pm

I highly doubt this would happen. I believe the entire company is 25% owned internally, and a hostile take over would take quite some money for such a high risk growth stock.

Comment